Melbourne north · VIC 3064

Buyers agent in Craigieburn

The one on this list that actually worked, and it is still under $750,000.

Figures below are August 2026, suburb level, all bedroom counts. Full Hume council report.

Book a free call Run the Craigieburn snapshot

The Craigieburn numbers

Houses

$747,663

Typical price

$519

Weekly rent

3.61%

Gross yield

+7.3%

Growth a year, 10yr

+5.0%

Growth, last 12mth

1,483

Sales a year

Units

$480,144

Typical price

$466

Weekly rent

5.05%

Gross yield

+3.1%

Growth a year, 10yr

+4.1%

Growth, last 12mth

142

Sales a year

Vacancy rate 2.32% across roughly 24,712 dwellings. HtAG Analytics, suburb level, all bedroom counts. Typical price is a modelled estimate, not a median of recent sales.

The honest read

What I'd tell you over a coffee

7.35% a year for ten years. That is the typical Craigieburn house, and it is the best ten year number of any Melbourne suburb people ask me about.

In real money, a house here is $747,663 today. Ten years of compounding at that rate is what turns a first home into the deposit for the second one.

It is not one hot year flattering the average, either. Five years at 4.44%, the last twelve months at 5.03%. The trend has held through a full rate cycle.

1,483 house sales a year across roughly 24,712 dwellings. That is a deep, liquid market, which matters more than people think. You can buy without paying a scarcity premium and sell without waiting six months for the one buyer who wants your street.

The honest catch is the rental side. Vacancy is 2.32%, the softest in this group, and there is a lot of new stock coming out of the ground across Hume. The 3.61% yield is fine. You are just competing with brand new builds for tenants.

The other thing to know is where it sits in the cycle. Hume reads at peak on the Momentum Dial as at July 2026. Ten years at 7.35% does not mean the next ten will be.

Who Craigieburn suits

First home buyers, and anyone building a portfolio who wants growth without a $1.5m entry price. This is the suburb on the list that does both jobs at once, a place to live in and a number that compounds.

What I'd watch

Do not assume every street is the same. Craigieburn is big, and the gap between an established pocket and a new estate on the fringe shows up in the rent and again at resale. Buy the established side of it.

How I work

Flat $20,000 fee, whatever you buy and wherever it is
No commissions from agents, developers or builders
I'll tell you when a suburb doesn't stack up, including this one

How the process runs

Fair questions

Buying in Craigieburn, answered

Is Craigieburn a good first home?

On the numbers it is the best one on this list. Under $750,000, 7.35% a year over the decade, and a market deep enough that you are not stuck if life changes. That combination is close to what I looked for when I bought my own first place.

Would you buy here as an investment?

Yes, with the vacancy rate front of mind. 2.32% means you need to own the better property, not just any property. Get the stock selection right in Craigieburn and it has done the job for a decade.

Has the run finished?

Hume reads at peak on the cycle as at July 2026, so the easy part is probably behind it. That is not the same as saying sell. It means the next ten years will ask more of the property you pick than the last ten did.

Other Melbourne suburbs

Same treatment, same data, different answer in every one of them.

Thinking seriously about Craigieburn? Read the full Hume council report before you look at a single listing.

Read the council report Book my free call